317 Elizabeth Ave Somerset, NJ 08873
Estimated Value: $540,144 - $595,000
--
Bed
--
Bath
1,632
Sq Ft
$347/Sq Ft
Est. Value
About This Home
This home is located at 317 Elizabeth Ave, Somerset, NJ 08873 and is currently estimated at $565,536, approximately $346 per square foot. 317 Elizabeth Ave is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Green Brook Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2003
Sold by
Werner Milchraum
Bought by
Gorczynski William F
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.25%
Purchase Details
Closed on
Oct 21, 1996
Sold by
Barbati Lucy
Bought by
Werner Milchraum
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.1%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Gorczynski William F | $275,000 | -- | |
Werner Milchraum | $125,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Gorczynski William F | $50,000 | |
Closed | Gorczynski William F | $50,000 | |
Closed | Gorczynski William F | $30,000 | |
Open | Gorczynski William F | $245,000 | |
Closed | Gorczynski William F | $224,000 | |
Previous Owner | Werner Milchraum | $100,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $7,247 | $494,100 | $334,100 | $160,000 |
2024 | $7,247 | $398,600 | $289,100 | $109,500 |
2023 | $7,166 | $371,100 | $261,600 | $109,500 |
2022 | $6,829 | $335,100 | $225,600 | $109,500 |
2021 | $6,027 | $272,100 | $162,600 | $109,500 |
2020 | $5,957 | $263,100 | $153,600 | $109,500 |
2019 | $6,057 | $263,100 | $153,600 | $109,500 |
2018 | $5,806 | $249,600 | $140,100 | $109,500 |
2017 | $5,826 | $249,600 | $140,100 | $109,500 |
2016 | $5,868 | $249,600 | $140,100 | $109,500 |
2015 | $5,828 | $249,600 | $140,100 | $109,500 |
2014 | $5,849 | $254,100 | $144,600 | $109,500 |
Source: Public Records
Map
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